Dawson Taylor of Taylor’s Do it Centers and Pleasants Hardware and a pioneer in the hardware and home improvement industry, passed away on July 4, 2026, at the age of 103. He was born on April 2, 1923. A lifelong …
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U.S. LBM Names New Chief Financial Officer
US LBM recently announced the appointment of Enrico Batelli as chief financial officer, effective July 2, 2026. A nine-year veteran of the company, Batelli currently serves as vice president, field operations finance and has also held chief accounting officer responsibilities, …
Read More »Mead Lumber Announces Leadership Transition
Mead Lumber Company recently announced that president and CEO Dave Anderson will retire at the close of the company’s fiscal year on November 30, 2026. Jon Cohen, a veteran building materials executive with more than 25 years of industry experience, …
Read More »Mortgage Rates Climb as Inflation Persists
Mortgage rates continued to increase in June due to high inflation and a stronger-than-expected labor market, according to the NAHB’s Eye on Housing. The 30-year fixed-rate mortgage averaged 6.49% in June, up 8 basis points (bps) over May. Since the …
Read More »Home Depot Expands Pro Xtra Loyalty Program With New Partner Offers
The Home Depot recently announced new partnerships associated with Pro Xtra, the company’s loyalty program for Pros, to include offers from brands like 7-Eleven, Jimmy John’s, Tecovas and Rosie’s AI Answering Service. The partnerships are designed to offer reward options …
Read More »U.S. Economy Adds 57,000 Jobs in June
The U.S. economy added 57,000 jobs in June, the smallest gain since February’s decline, according to the U.S. Bureau of Labor Statistics. Downward revisions to April and May estimates subtracted 74,000 jobs from previously reported totals. The unemployment rate also …
Read More »Builders FirstSource and Union Pacific Announce New Rail-Served Facility in Colorado
Builders FirstSource (BFS) and Union Pacific recently announced a partnership for a new rail-served facility in Bennett, Colorado. Located at Rocky Mountain Rail Park, the new facility connects Builders FirstSource with key markets. With Bennett quickly emerging as a hub …
Read More »Hancock Lumber Begins Construction on New Oxford Facility and Appoints Facility General Manager
Hancock Lumber recently hosted a ceremonial groundbreaking event for the company’s 44,000-square-foot Oxford facility and celebrated the official hiring of Brian Mills as the facility’s general manager. Once complete, the Oxford facility will feature advanced automation and the latest technology …
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